Bought with JANE HAMMEL • FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
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Key Details
Sold Price $655,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 657800
Sold Date 03/31/25
Style Other
HOA Y/N N
Year Built 2012
Annual Tax Amount $4,620
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Twin/Semi-Detached
Source CAAR
Property Description
This well-maintained duplex offers a rare investment opportunity just minutes from the University of Virginia, UVA Medical Center, Downtown Charlottesville, Dairy Market, and Fifth Street Station. Both units feature identical floorplans with 3 bedrooms, 2.5 baths, and in-unit washer/dryer. Off-street parking and proximity to schools and parks make this property even more attractive to tenants. Unit A - $2,000/month, Unit B ? 1,725/month. Landlord responsible for water/trash. Units individually metered for electric. Current cap rate 5.375 with upside to 6.1 if second unit moved to market at renewal. Don?t miss out on this solid investment opportunity close to UVA!
Location
State VA
County Charlottesville City
Zoning R-2
Rooms
Basement Outside Entrance
Interior
Heating Heat Pump(s)
Cooling Heat Pump(s)
Flooring Carpet, Vinyl
Equipment Washer/Dryer Stacked
Fireplace N
Appliance Washer/Dryer Stacked
Exterior
Roof Type Composite
Accessibility None
Road Frontage Public
Garage N
Building
Lot Description Other
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
Elementary Schools Johnson
Middle Schools Walker & Buford
High Schools Charlottesville
School District Charlottesville City Public Schools
Others
Ownership Other
Security Features Smoke Detector
Special Listing Condition Standard
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